Walgreens may move HQ from suburban Deerfield to downtown Chicago

Walgreen Co. is taking steps to move its headquarters downtown — the old Main Post Office.

Under pressure by some shareholders to move its Deerfield headquarters to Europe, the drugstore giant has for months been scouting locations in the Loop, where it would potentially move thousands of jobs.

The company is the largest employer in Deerfield, with 3,500 workers, according to a filing by the northern suburb to bond holders in December 2012. Exactly how many employees would come downtown could not be determined.

- Advertisement -

But the shift would also deliver a severe jolt to the suburban economy, which is suffering from an exodus of major employers. Walgreen would be the latest in what has become a parade of one-time suburban icons relocating to the central city.

Read more in Crain’s Chicago Business.

Sign up for the BizTimes email newsletter

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

What's New

BizPeople

Sponsored Content

Holiday flash sale!

Limited time offer. New subscribers only.

Subscribe to BizTimes Milwaukee and save 40%

Holiday flash sale! Subscribe to BizTimes and save 40%!

Limited time offer. New subscribers only.